Afghanistan’s geography and trade rules

MARKET OF AFGHANISTAN

Commercial obligations in Afghanistan, Law on Cooperatives, ‎Enterprises and Banks

Marketing in Afghanistan Market

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In which field do you want to trade?

  • Chemicals
  • Construction Materials
  • Gemstones
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In which field do you want to trade?
  • Chemicals
  • Construction Materials
  • Gemstones
  • Metals
  • Minerals
  • Natural Stones
  • Petrochemicals
  • Petroleum

Which country do you want to trade with?

  • Afghanistan
  • Armenia
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  • Egypt
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  • Iran
  • Iraq
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  • Oman
  • Pakistan
  • Palestine
  • Qatar
  • Saudi Arabia
  • Syria
  • Turkey
  • United Arab Emirates
  • Yemen
Which country do you want to trade with?
  • Afghanistan
Commercial obligations in Afghanistan, Law on Cooperatives, ‎Enterprises and Banks

Afghanistan, officially the Islamic Republic of Afghanistan, is a landlocked country in South ‎Asia, bordering Central Asia, East Asia, and West Asia (Middle East). Afghanistan's neighbors ‎are Iran to the west, Pakistan to the south and east, Tajikistan and Uzbekistan and ‎Turkmenistan to the north, and China to the northeast. Afghanistan is the 41st largest ‎country in the world with an area of 652,860 square kilometers and a population of about ‎‎39.8 million, which makes it the 37th largest country in the world. Kabul is the capital and ‎largest city.‎

Dari and Pashto Persian are the official languages of this country and Islam is its official ‎religion. Nearly four decades of war have made Afghanistan one of the most insecure and ‎impoverished countries in the world. The country's per capita GDP in 2020 is $ 552 based on ‎the face value of the dollar and will reach $ 2,474 based on purchasing power parity. The ‎country was ranked 172nd in the world in 2011 with a human development index of 0.398. It ‎acceded to the United Nations on November 19, 1946.‎

In Afghanistan, bills and articles of association had already been drafted in this regard, ‎which mainly dealt with trade-related issues in their initial form. Bankruptcy, etc. can be ‎mentioned. However, in 1945, a supplementary law called the Afghanistan Principles of ‎Commerce was drafted into 945 articles. With the entry into force of this principle, all ‎previous principles and bills were repealed and this law has almost met the commercial ‎needs of Afghanistan since then. 

Historically, it has a long history and even the issues that ‎have been foreseen in the Afghan constitution have not been put into practice so far. For ‎example, according to IT, it has predicted different types of commercial companies, some of ‎which have It is now rarely seen in Afghanistan, such as a joint venture company or the ‎provision of business documents, which is a big step in encouraging and growing trade in ‎Afghanistan. 

It should be noted that in addition to AT-1 A number of other laws have been ‎enacted according to the needs of the time, such as the Law on Cooperatives, the Law on ‎Enterprises, the Law on Banks, the Law on Insurance, the Law on Foreign Investment, and ‎the Principles of Commercial Trials, which have emerged one after the other as independent ‎laws. ‎

‎ Afghanistan's Charter of Commerce contains four chapters. The first chapter is general ‎provisions, the second chapter is commercial companies, the third chapter is commercial ‎documents and the fourth chapter is commercial obligations. ‎

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